Investing in Best Mid Cap Mutual Fund | How to Shortlist Best Mid Cap Mutual Fund in 2024

Summary

In this video, Ranjan discusses how to select the best midcap mutual funds using 10 key parameters and introduces a midcap ETF for market dips. He reviews the performance of various funds, highlighting Motilal Oswal and Quant Midcap as top performers with high green points. Ranjan also recommends mStock by Mirae Asset for zero-brokerage trading and provides a detailed analysis of mutual fund parameters to help viewers make informed investment decisions.

Takeaways

• 😀 The video is a guide on selecting midcap mutual funds using 10 specific parameters.
• 📈 The presenter previously created a video on small cap mutual funds and received requests for a similar guide on midcap funds.
• 💼 The video will also discuss a midcap ETF as an alternative to mutual funds for investment.
• 📊 The presenter will not repeat the parameters in the video, directing viewers to a previous video for details.
• 💹 A zero-brokerage platform, mStock by Mirae Asset, is recommended for trading stocks, options, and investing in mutual funds and ETFs.
• 📱 mStock offers a comprehensive dashboard with market indices, FII and DII data, and global indices, among other features.
• 📊 mStock allows setting up to 7 watchlists for tracking favorite stocks or ETFs.
• 💰 mStock provides a lifetime zero brokerage plan after a one-time payment, including free intraday, delivery, F&O, currency trading, mutual funds, IPO, and margin facility.
• 🏦 Mirae Asset, the company behind mStock, has a global presence and a trust factor due to its 25 years of expertise.
• 📈 The video discusses the performance of various midcap mutual funds, highlighting the top performers based on the 10 parameters.
• 📊 The presenter analyzes the rolling returns of the Motilal Oswal Midcap Fund, showing its recent strong performance but underperformance in earlier years.
• 📊 The video concludes with a comparison between investing in midcap mutual funds and ETFs, suggesting that ETFs are suitable for those who can actively track the market and take advantage of dips.

Q & A

What is the main topic of the video?

The main topic of the video is about selecting a good midcap mutual fund using 10 specific parameters and also discussing a midcap ETF for investment.

What was the previous video about?

The previous video was about 'How to find and invest in the best of the best small cap mutual funds?' and it provided a guide on shortlisting the best mutual funds using 10 parameters.

What is the significance of the 10 parameters mentioned in the video?

The 10 parameters are significant as they are used to evaluate and shortlist the best mutual funds for investment. However, the specific details of these parameters are not repeated in the video and can be found in the previous video.

What is the role of mStock by Mirae Asset in the context of this video?

mStock by Mirae Asset is recommended as a zero-brokerage platform for investing in mutual funds, ETFs, and trading in stocks or options. It offers various features like watchlists, charts, and market data to assist in making informed investment decisions.

What are the benefits of using mStock for trading?

mStock offers benefits such as zero brokerage for life across all products, access to indices, FII and DII data, global indices, and the ability to set up watchlists. It also provides free access to Tradingview charts.

How much can one save by using mStock instead of another brokerage platform?

If one places 25 orders per day at Rs.20 per order on another platform and trades for 20 days a month, they would save Rs.1,20,000 per year in brokerage fees by using mStock.

What are the top two midcap mutual funds discussed in the video?

The top two midcap mutual funds discussed are Motilal Oswal Midcap Fund with 5 green points and Quant Midcap Mutual Fund with 4 green points.

What is the importance of the green points given to mutual funds?

The green points are a scoring system based on the 10 parameters, indicating the quality of the mutual funds. More green points suggest a better score and potentially a better mutual fund.

What does the video suggest about the performance of Motilal Oswal Midcap Fund over different periods?

The video suggests that Motilal Oswal Midcap Fund had a mixed performance over the last 10 years, underperforming its benchmark between 2014 to 2021 but showing good performance and beating its benchmark after 2021.

What is the significance of the 5-year CAGR mentioned for the top mutual funds?

The 5-year Compound Annual Growth Rate (CAGR) is mentioned to show the average annual growth rate of the mutual funds over a 5-year period, indicating their long-term investment potential.

What is the advice given for investors regarding mutual fund selection?

The advice is to not invest blindly and to review the performance of the mutual funds every 6 months or 1 year to ensure they are aligned with their benchmarks.

What are the two investment options discussed for the midcap category?

The two investment options discussed are investing through midcap mutual funds and investing through midcap ETFs, with the latter being suitable for those who can actively track the market and identify investment opportunities.

What is the name and code of the midcap ETF recommended in the video?

The midcap ETF recommended is Mirae Asset's Nifty Midcap 150 ETF with the code MIDCAPETF.